Free U.S. Corporate Research and Development Spending (2015-2025) Chart
The chart provides an overview of U.S. corporate research and development spending from 2015 to 2025, revealing a strong and consistent upward trend. Spending began at approximately $160 billion in 2015 and grew steadily, experiencing a slight dip to around $205 billion in 2020. Following this brief downturn, R&D investment resumed its robust growth trajectory, rising sharply each year. The data shows that spending is projected to reach $300 billion in 2025, underscoring the nation's increasing focus on innovation in sectors like biotechnology and clean energy.